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You’re submission was successful. A member of our team is reviewing the information you provided and we’ll be in touch within the next 24 hours. Below you’ll find answers to some commonly asked questions.
Once you submit the form on our website, a member of our team will review your information and respond back within 24 hours. During this time we will perform analysis of the property to see if it would be a good fit for us and to determine what your home is worth. Once we have the opportunity to speak with you over the phone and gather more information, we will use this to finalize our analysis and present you with an offer.
We can close in as little as 7-10 days from the date that an agreement is signed. The exact time it takes to close typically depends on a number of factors such as whether the property is currently occupied and your preferred closing date. We try and be as flexible as possible to accommodate your needs so if you have a specific timeline on when you need to close, we will do our best to make it happen.
No. When you sell to Rediclose, you won’t have to lift a finger. We buy all of our houses in “as-is” condition meaning you won’t need to repair or improve the property before selling to us. This is a huge advantage to people who don’t want to go through the process of searching for and managing contractors, dealing with messy projects that interfere with your daily life and waiting months for repairs to be complete. With Rediclose, you will bypass the repairs and we will make you a fair offer on your home based on the condition that it’s in today.
There are several different strategies we use once we acquire a property. Some of the strategies we use include renting the property, converting the home to senior housing, using the home for student housing, sober living and rent by the room. We also do fix and flips where we perform major renovations and resell the home at a later date. We have many strategies available to us but in general we are buy and hold investors and plan to profit from the home sometime in the future as the home appreciates in value.
Yes. The reason people choose Rediclose is that we are often able to put more money in your pocket than you would otherwise receive when listing with an agent. This is possible because we buy homes directly and close with a real estate attorney or title company depending on the state the home is located in. With average agent commissions adding up to 6% of your homes sales price, this allows you to save thousands of dollars that would otherwise land in your agents pocket.
No. We don’t charge any fees.
We use the same comparative market analysis (CMA) process that a listing agent would use to determine your home’s value. Our offers are based on this market analysis which include factors such as recently sold homes in your neighborhood, the condition of the property, market trends, neighborhood amenities and any recent renovations you may have done.
In the end, real estate agents are service providers. As service providers, they are paid commissions when your home is sold. This is how they make money. On average, you will pay 6% of the homes sales price in real estate agent commissions. This 6% commission is usually split between the listing agent and the buyers agent.
Rediclose operates on a different business model where we make money after we buy the home. This allows us to be competitive with our offers while also offering an easy solution to people that don’t want to go through the hassle of making repairs and listing with an agent.
RediClose is available in certain neighborhoods nationwide. Not every home is guaranteed an offer, and any estimated offers will be verified and underwritten before finalizing the transaction. The time to close may differ.
The information provided on the RediClose website is for general informational and educational purposes only. It is not intended to serve as professional real estate, legal, financial, or investment advice. Please consult with a qualified real estate professional or attorney for advice regarding your specific situation. The use of this website does not create a client-realtor relationship.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. Your data is secure and used only for this inquiry.
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This disclaimer is subject to change without notice.
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